
Stocks Soar as S&P 500 and Dow Hit Record Highs Amid Economic Optimism
Published on: Aug. 29, 2025, 3:15 a.m. | Source: Devdiscourse
The S&P 500 and Dow Jones reached new highs despite Nvidia's slight decline due to China concerns. Optimism around AI technology and U.S. economic growth fueled the stock market rally, while interest rate cuts were anticipated ahead of the Federal Reserve's upcoming meeting. Oil and gold prices also saw gains.